More than one in three Americans lived in households that received Medicaid, food stamps or other means-based government assistance in mid-2010, according to a new report.
The United States economy picked up speed at the end of 2011 as businesses substantially built up their inventories and consumers increased their spending.
The president's efforts to revive the housing market have largely failed. But is that entirely Obama's fault?
Buy a home on the cheap and flip it for big profits? That dream is all but dead.
Home prices in July climbed for the fourth month in a row, but are still down from a year ago.
Home prices made a comeback during the second quarter, but the struggling housing market isn't out of the woods yet.
An ominous cloud is hanging over the housing market: Millions of distressed properties could be put up for sale at any moment, potentially adding to the glut of unsold homes that are already on the market and depressing home prices even further.
An oft-repeated statement that the Federal Aviation Administration's partial shutdown has forced the layoff of 70,000 construction workers is, at best, an over-simplification, and at worst, an exaggeration, according to the expert behind the number.
Foreclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew the numbers -- and falsely raise hopes that the housing market is staging a recovery.
Home prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines.
January home prices fell for the sixth month in a row, edging closer to a double dip.
That big sucking sound you heard last week? That was the air being taken out of the housing market by a slew of bad reports followed by some dire predictions by an industry bubble-spotter.
Home prices are down but sales are up, somewhat contradictory trends.
The number of Americans filing for first-time unemployment benefits rose by 2,000 in the latest week, pointing to continued weakness in the job market, the government reported Thursday.
The Obama administration is singing a different tune about foreclosures.
In another ominous sign for the economy, the number of people falling behind on their mortgages for the first time is on the rise.
A critical look at what we consume, where it comes from and where it goes after we are done with it.
Public concern about global warming and trust in climate leaders has dropped sharply in the U.S. according to a survey.
If you are already in college or headed there, sit down. If you're the parent or friend of a student, listen up.
Five men missing from the Washington area are in Pakistani police custody, the FBI said Thursday, a day after Pakistani authorities arrested several men whom they described as Americans and accused them of plotting terrorist attacks.
Abe Pollin, the longtime owner of the Washington Wizards professional basketball franchise, has died, the Wizards said Tuesday. He was 85.
When it comes to charitable giving, some well-intentioned moves can backfire.
You're probably starting to think about what you and your family will do over the winter holidays. Spend a week at Mom's in Tucson? Jet to Paris? Stay home and clean the basement?
When you're visiting a strange city, you're likely to seek out spots that seem comfortable or familiar -- especially at mealtime.
Last month I talked about how to get your employees to work harder. (According to a survey by Salary.com, the average American wastes two hours a day on the job.) But how can you trick yourself into managing your workday more effectively? These four insights can help.
A new shoe outfitted with a GPS chip aims to offer peace of mind to Alzheimer's patients and their caregivers.
Money Magazine: How to keep your jobupdated: Tue May 05 2009 04:03:00
Let's say you work in an industry that's been hit hard by the economic downturn, and you're watching competitors downsize left and right. You're pretty sure that layoffs are headed to your place too, and fast. What's your best strategy to keep your job?
Kathleen Fuld, wife of the former CEO of now defunct Lehman Brothers, reportedly went shopping at luxury purveyor Hermès not long ago. This in itself is not remarkable. Even though her husband no longer sits atop one of the biggest investment banks in the nation, presumably the couple is not exactly impoverished.
Before you jump all over me, let me remind you that this isn't The Ethicists. I'm a behavioral economist. And so I ask not: Is it morally right to bribe your kid to get him to do the stuff you want him to do? I instead ask: Does bribing your kid work? And if so, how does it work best?
The Obama administration is about to face its first significant financial test.
In a speech from George Mason University in Fairfax, Virginia, on Thursday, President-elect Barack Obama called on Congress to act quickly on his economic package. The following is a transcript of his prepared remarks.
If you think you're immune to market panic, consider this experiment.
Americans set a record for number of votes cast in this presidential election but failed to make history with the percentage of voter turnout, experts said.
The unexpected wave of millions of early voters casting ballots for Sens. John McCain and Barack Obama may prompt Congress to mandate some form of early voting nationwide for future elections, experts say.
They were two very different groups, in two cities hundreds of miles apart, celebrating the same freedom to vote.
Officials in early voting states are reporting record turnout with Election Day still two weeks away.
Call it reflexes in a crisis. Or instincts under pressure. The qualities that a President needs to succeed are both essential and elusive
Americans without health insurance will spend $30 billion out of pocket on medical care this year, according to a new report by George Mason University and the Urban Institute.
After a New Hampshire girl's prom dress burned in a house fire, some firemen pitched in to buy her a new dress.
You may think economics is just about GDP and the Fed. But actually, it's the science of weighing costs and benefits - which makes it also very useful for solving problems in everyday life.
Everyone feels guilty from time to time, but being consumed with compunction can suck the joy out of life. Here are 6 simple strategies for relieving the pressure
You've just woken up, and you're on the wrong side of the bed. Is there any way to switch to the other side? Absolutely.
The number of bankruptcy filings dropped significantly in 2006, a year after reforms were passed to amend U.S. bankruptcy law in hopes of curtailing fraud and abuse in the system.
Homebuilders like Toll brothers are warning of a real estate slowdown ahead. Drugmakers are struggling to find the next blockbuster. Blue chips like Microsoft and Wal-Mart are searching for ways to revitalize their growth.
NEW YORK (CNN/Money) - Many states have been hiking cigarette taxes for years, claiming that they discourage smoking and contribute much-needed tax revenues to state coffers.
It's the American way. Trip and fall, find a fast-talking lawyer and a gullible jury, and you too can sue somebody and get rich. Kind of like that grandma who spilled scalding-hot coffee on herself...
Some colleges are fretting the release of Microsoft's upgrade to its XP operating system -- whose release coincides with the opening of campuses around the country -- saying that multiple downloads of the patch could significantly jam their systems, according to a report published Tuesday.
Sen. John Kerry spoke to supporters Tuesday night on the campus of George Mason University in Fairfax, Virginia, following the Democratic presidential primaries in Virginia and Tennessee. The following is an edited transcript.
CNNMoney: Of carbs and fadsupdated: Fri Jan 16 2004 07:45:00
The low-carb thing is getting pretty silly.
More and more credit-card reward programs are tied to the amount you charge. But not Mellon Bank's new plan. The Pennsylvania bank promises to refund every penny in interest you pay on carryover ba...
It's called the Empty Desk syndrome, and it hits Washington every four or eight years: A new President blows into town and takes his time making top- level appointments. The latest instance is wors...
Nexis, our favorite computerized information-retrieval system and leading resource for settling 1 A.M. living room arguments, has lately been getting a new kind of workout. With the opening of Cong...
Trading in the stock market on nonpublic material information is generally discussed these days as the crime of the century, or anyway right up there on a par with ageism. Ever since the Boesky bom...
James M. Buchanan's Nobel Prize in Economic Science may help balance the budget. A professor at George Mason University, Buchanan, 67, has been part of the conservative wave of economic thought tha...
Fortune: Is Dennis a Menace?updated: Mon Jun 23 1986 00:01:00
We've been reading quite a bit about Mean Dennis Levine of Drexel Burnham Lambert, or at least that is where he hung his hat until recently, and we arguably now know even more about Dennis than abo...
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